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How Leaders Can Develop Their Skills With One Simple Habit

Tanveer Naseer

If your schedule is anything like mine, finding time to consistently devote to your own leadership development is likely quite a challenge. Wouldn’t it be nice if you could have a well-rounded leadership development program that didn’t require you to add anything to your schedule?

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Serial Innovators: A book review by Bob Morris

First Friday Book Synopsis

Serial Innovators: Firms That Change the World Claudio Feser John Wiley & Sons (2012) How and why continuous innovation and adaptation can help an organization “live” longer What we have here is a “hybrid” narrative that develops on two separate but interdependent levels: a fictional account that focuses on Carl Berger (CEO of American Health [.]. (..)

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The Planning Fallacy and the Innovator's Dilemma

Harvard Business Review

The basic concept , first presented by Nobel Laureate Daniel Kahneman and his partner Amos Tversky in an influential 1979 paper, is that human beings are astonishingly bad at estimating how long it will take to complete tasks. Do we need to increase the amount of resources (both human and financial) we are investing in growth?

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Why Companies Are Betting Against Big Ideas

Harvard Business Review

This idea of prospect theory, developed by Tversky and Kahneman and reported in a classic 1979 article (for which the Nobel prize was awarded) demonstrated that individuals do not make decisions rationally by selecting options with the highest expected value, because they are risk-averse and 'losses loom larger than gains.'.

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Keep Experts on Tap, Not on Top

Harvard Business Review

The psychologists Daniel Kahneman and Amos Tversky demonstrated quite convincingly that we human beings are not the model-optimizing "rational" actors that many economists historically believed we are. They were truly knowledgeable within their domain, but it was often developments outside of their domain that derailed their predictions.

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The Business Lessons of the Belmont Stakes

Harvard Business Review

Daniel Kahneman , a renowned psychologist who won the Nobel Prize in economics, developed this concept in the 1970s along with his collaborator, Amos Tversky. The first lesson is about adopting the inside versus the outside view.

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Reframe Your Strategy to Avoid Hidden Biases

Harvard Business Review

These biases arise from what Kahneman and his long-time research partner Amos Tversky call framing. Fans of both competitive strategy and branding argue that when developed and executed rationally, such problems do not exist; and they can cite case studies supporting their point.